Results 9,661-9,680 of 11,861 for speaker:Brian Hayes

Credit Union Bill 2012: From the Seanad (13 Dec 2012)

Brian Hayes: Amendments Nos. 155 and 156 were also made on Committee Stage in the Seanad. Amendment No. 155 amends subsection (2) by deleting the existing paragraph (b) which states that the Bank may only approve stabilisation support caused by a short-term, non-recurring event. Instead, amendment No. 156 sets out when ReBo may recommend to the Bank that a credit union should be stabilised. During the...

Credit Union Bill 2012: From the Seanad (13 Dec 2012)

Brian Hayes: Amendment No. 157 updates the citation of the Central Bank Acts, which are amended by Part 5 of this Bill.

Credit Union Bill 2012: From the Seanad (13 Dec 2012)

Brian Hayes: These are two minor technical amendments that were made to this section in the Seanad. Amendment No. 158 clarifies that the support referred to in paragraph (c) is stabilisation support as opposed to restructuring support, while amendment No. 159 changes the reference from "this Part" to "this Act" as stabilisation support is to be provided by the Minister under Part 3 rather than Part 4.

Credit Union Bill 2012: From the Seanad (13 Dec 2012)

Brian Hayes: Amendment No. 160 clarifies that the bank must have regard to the terms and conditions that the Minister considers appropriate to attach to the decision to provide stabilisation support when making a decision on the approval of stabilisation support to a credit union. A previous amendment gave the Minister the right and the power to attach terms and conditions and this is simply ensuring...

Credit Union Bill 2012: From the Seanad (13 Dec 2012)

Brian Hayes: I brought forward an amendment in the Seanad to delete Section 67, which provided that the cost of stabilisation support and any other support, financial or otherwise, required as a condition of stabilisation support shall be met from the credit union fund. Any moneys recouped from a credit union in respect of support provided would be paid into the fund. This section was removed, as...

Credit Union Bill 2012: From the Seanad (13 Dec 2012)

Brian Hayes: Amendment No. 166 is a minor amendment made on Committee Stage in the Seanad which inserts a reference to section 37D of the Credit Union Act of 1997, which sets out the information to be included in the credit agreement notice to the credit union members. This item in the Schedule is required to ensure that there is consistency between the 1997 Act and the European Communities (Consumer...

Credit Union Bill 2012: From the Seanad (13 Dec 2012)

Brian Hayes: Under the previous wording of item 37, the Central Bank could exempt certain additional services which involved "no undue risk" to the credit union. Amendment No. 167 removes the reference to "undue risk" in respect of additional services that the Bank may exempt from the application requirements under Section 47 of the Credit Union Act, 1997. It was felt that this wording was too...

Credit Union Bill 2012: From the Seanad (13 Dec 2012)

Brian Hayes: Amendment 171 made in the Seanad inserts a new paragraph (d) into section 87(2) of the 1997 Act which allows the Central Bank to impose a regulatory direction on a credit union under section 87 where that credit union fails to comply with the terms and conditions of any stabilisation support given to the credit union under this Bill. This is necessary to ensure that conditions imposed in...

Credit Union Bill 2012: From the Seanad (13 Dec 2012)

Brian Hayes: This amendment removes the ministerial regulation-making powers that existed under section 182 of the 1997 Act, as these powers conflict with the bank's regulation-making powers under the Bill and are more appropriate for the Central Bank. These relate to the registration procedures and operations of credit unions.

Credit Union Bill 2012: From the Seanad (13 Dec 2012)

Brian Hayes: I thank the Deputies opposite for the constructive role they played at all Stages of this legislation. I hope the Bill, which passes this House today and will now go to the President, ensures the great Irish credit union movement, which is a standard-bearer of volunteerism and financial support, will continue to flourish in the years ahead. The Bill is consistent with the report of the...

Written Answers — Department of Public Expenditure and Reform: Departmental Contracts (13 Dec 2012)

Brian Hayes: The Office of Public Works does not maintain a database or list of contractors for the purposes referred to. The OPW generally carries out its arterial drainage maintenance and flood relief activities through its own labour force and fleet of plant and machinery. In the event that the OPW has a requirement for hired plant, for example where additional or specialist equipment is needed, any...

Finance (Local Property Tax) Bill 2012: Second Stage (14 Dec 2012)

Brian Hayes: A parliamentary question.

Finance (Local Property Tax) Bill 2012: Second Stage (14 Dec 2012)

Brian Hayes: One parliamentary question is not going to-----

Finance (Local Property Tax) Bill 2012: Second Stage (14 Dec 2012)

Brian Hayes: The Deputy doubled the figure.

Finance (Local Property Tax) Bill 2012: Second Stage (14 Dec 2012)

Brian Hayes: The Deputy has.

Finance (Local Property Tax) Bill 2012: Second Stage (14 Dec 2012)

Brian Hayes: One parliamentary question - €800 million.

Finance (Local Property Tax) Bill 2012: Second Stage (14 Dec 2012)

Brian Hayes: I know that.

Finance (Local Property Tax) Bill 2012: Second Stage (14 Dec 2012)

Brian Hayes: It is just as well.

Report of the Expert Group on the Judgment in the A, B and C v. Ireland Case: Statements (Resumed) (17 Dec 2012)

Brian Hayes: I place on record my appreciation of the work done by Mr. Justice Ryan and the other members of the expert group. They have done the State a great service, not just in terms of the way in which the report was written, but also the way in which the options were clearly set out therein. I encourage everyone to read the report. As the Minister, Deputy Fitzgerald, stated, it is written in clear...

Written Answers — Department of Public Expenditure and Reform: EU Presidency (18 Dec 2012)

Brian Hayes: The offer referred to by the Deputy, was initially received by my colleague Lucinda Creighton, TD, Minister for European Affairs in the Department of An Taoiseach on 20th September 2012. My Office received a request to examine the feasibility of incorporating the offer within the context of the current Government contract for Travel Management Services. The National Procurement Service...